One announcement and an alert – that`s what it takes for a sub-penny stock like JC Data Solutions Inc.(PINK:JCDS) to experience a trading frenzy. Actually, that is what it takes to support it, since the real hype formed one day prior to the announcement. Yet to see what Wednesday could offer. 
Now, JC Data Solutions is not the typical penny stock company. First, it is a sub-penny stock. In fact, it is hard to figure out what king of company it is, let alone whether its business is doing good or bad. No financial statements to look at, even a press release is something rare to come from JC. One did this Tuesday, however, and sparkled vivid trading activity. More than 12 million shares exchanging hands, 66% increase in the stock price for the day. This is one side to look at the session. The other – the dollar volume for the day – did not even reach $20k, the session closing at $0.0015 per share.
So, the press release from yesterday. Among other things it states that the company is doing increasingly well, that management is pleased with last year`s performance. Unfortunately, no specifics about what exactly happened last year. One sentence not to go overlooked – the company plans to provide more information to shareholders. A good idea, given that this stock has been gravitating around $0.0006 for quite some time now. In fact, the last time it touched $0.01 was way back in 2007. So, additional financial data could be a real catalyst for a rise above the current levels. [BANNER]
In the meantime, there could be still possibilities for profit. The news at hand, coupled with the alert from yesterday, might attract additional interest from investors. Yet, with the lack of information and the current levels of the stock price, it is quite uncertain what the direction of the stock price would be even a day from now.
